Companies · United States
BETA Technologies
BETA Technologies (NYSE: BETA), datelined South Burlington, Vermont, builds the ALIA family: the CX300 conventional-takeoff electric aircraft and the A250 vertical-takeoff aircraft. In its August 12, 2026 results BETA said the CX300 had closed the FAA Requirements Definition phase. That is not a type certificate. BETA also said Loganair had signed a term sheet for five CX300s, with options for five more, and that cash and cash equivalents were $1,479.5 million on June 30, 2026, which it attributed to private financings and IPO proceeds. The release does not state the IPO amount.
- Status
- Active
- Updated
- Where the source places it
- South Burlington, Vermont
Vehicles
- ALIA CX300 / A250 Certifying
Certificates
| Vehicle | Document | Standing | Date | What the source says | Sources |
|---|---|---|---|---|---|
Requirements definition (not a type certificate) |
Step accepted, certificate not issued |
BETA said on August 12, 2026 that it had closed the FAA Requirements Definition phase for the CX300 and received FAA acceptance of that aircraft's compliance requirements. BETA did not say a type certificate had been issued. This step is not a type certificate. |
Funding and orders
| Date | Kind | Parties | Amount | What the source says | Sources |
|---|---|---|---|---|---|
Term sheet Conditional |
Term sheet for 5 CX300 aircraft, with options for 5 more |
BETA said on August 12, 2026 that after cargo demonstrations in Scotland, Loganair signed a term sheet for five CX300 aircraft, with options for five more. A term sheet is not described as a completed purchase agreement. The five options are conditional. BETA did not state a price. |